|All Time High:
|The price of #ETN today is $0.00284 USD.
The lowest ETN price for this period was $0, the highest was $0.00284, and the current live price for one ETN coin is $0.00284031.
The all-time high ETN coin price was $0.23.
Use our custom price calculator to see the hypothetical price of ETN with market cap of BTC and how the supply of ETN affects the price at different market capitalizations.
|The code for Electroneum crypto currency is #ETN.
Electroneum is 6.3 years old.
|The current market capitalization for Electroneum is $51,029,909.
Electroneum is ranking upwards to #410 out of all coins, by market cap (and other factors).
|The trading volume is medium during the past 24 hours for #ETN.
Today's 24-hour trading volume across all exchanges for Electroneum is $630,852.
|The circulating supply of ETN is 17,966,311,491 coins, which is 86% of the maximum coin supply.
Relatively, Electroneum has a large supply of coins, 817 times larger than Bitcoin's supply, for example.
More Electroneum (#ETN) News
|Europe Expects Its First Bitcoin ETF This Month, Report
Europe’s first bitcoin exchange-traded fund (ETF) is set to launch in July after a 12-month delay caused by the crypto winter. The fund has been authorized in Guernsey, a more flexible jurisdiction, which will ostensibly help to avoid some of the regulatory challenges associated with the European Union.Europe to Have Its First Bitcoin ETF Listed After Year-Long Delay
The first bitcoin exchange-traded fund in Europe is expected to be publicly listed by the end of this month, a full year after its initially planned launch, the Financial Times reported on Thursday. The ETF was first announced by Jacobi Asset Management in July 2022.
The asset manager wanted to list it on the Euronext exchange last year but decided that “the time wasn’t right” after a string of negative events in the crypto space like the crash of the terra-luna project and the bankruptcy of cryptocurrency exchange FTX. The issuer now says “demand has shifted since last summer” and the ETF is “on track.”
All exchange-traded products (ETPs) based on digital assets in Europe so far have been structured as exchange-traded notes (ETNs), rather than funds, the business daily pointed out. Jacobi has specifically highlighted that it’s launching an ETF, not an ETN. While an ETF shareholder owns a portion of a fund’s underlying asset, ETN investors own a debt security.
“There has been so much misinformation and misuse of the term ETF by [ETN] issuers, presu...
|After BlackRock: Two More Asset Managers File to Launch a BTC ETF in the...
Invesco - an American investment company with over $1.4 trillion of assets under management - reactivated its attempts to launch a Bitcoin Spot exchange-traded fund (ETF) in the United States. WisdomTree - another US finance giant - submitted a similar application to the SEC.
The latest efforts come a few days after the world's largest asset manager filed with the securities regulator to introduce a BTC Spot ETF in the States.
Invesco Rejoins the Race
Eric Balchunas - analyst at Bloomberg Intelligence - revealed on his Twitter account that Invesco has renewed its ambitions to launch a BTC Sport ETF in the United States. The company's initial filing came in 2021 when it collaborated with Galaxy Digital.
Invesco was also interested in releasing a Bitcoin Futures ETF. Nonetheless, it abandoned these intentions at the end of 2021 to focus on a product that allows customers to invest in the primary cryptocurrency based on its actual market price.
Although the investment company is still waiting for a positive nod from the US SEC, it has already introduced a product in Europe. The 'Invesco Physical Bitcoin' ETN (ticker: BTIC) came into existence after a collaboration with Deutsche Borse and provides 'physically secured access' to Bitcoin's performance, albeit a derivative.
The New York-based entity also sought permission from the SEC to launch a BTC Spot ETF. Should it obtain regulatory approval, the fund will be listed on the Cb...
|Invesco Introduces a Metaverse-Oriented Investment Fund: Report
The American investment management company - Invesco - reportedly launched a Metaverse fund, which will invest in large, medium, and small-cap firms that have stretched their operations to the virtual reality.
Last year, the investment giant filed documents to launch two crypto-based ETFs in the USA. Several months later, though, it blamed the US SEC for its unfriendly stance on such products and abandoned its plans.
Hopping on the Metaverse Bandwagon
According to a coverage by Citywire, the latest prominent entity to join the Metaverse club is the multinational investment corporation - Invesco. It released a fund that will invest in American, Asian, and European companies that have a presence in the augmented reality.
Tony Roberts will act as Manager of the feature, while James McDermottroe will serve as a Deputy Fund Manager. Both executives are part of Invesco's UK-based Asia & Emerging Markets equities team.
The Invesco Metaverse fund will focus on several strategic areas, including next-generation operating and computer systems, networks for hyperconnectivity, immersive platforms developed with artificial intelligence, and hardware and devices that provide access to the Metaverse.
Commenting on the initiative, Roberts predicted that by 2030 virtual and augmented reality could deliver a $1.6 trillion boost to the global economy.
'While the Metaverse's applications to entertainment are increasingly well-understood, the interconnectivity that it enables will likely have a t...
|Deutsche Börse Partners With Kaiko to Access Crypto Market Data
Crypto data provider Kaiko has announced partnering with Deutsche Börse Group as the latter aims to expand its presence in the digital asset industry.
According to the official press release, the integration is expected to be completed by the fourth quarter of this year.
The latest move is focused on expanding the German stock exchange's market reach.
As part of the partnership, the French digital assets data platform will provide Deutsche Börse Group with tick-level trade data from all centralized and decentralized crypto exchanges.
Kaiko collects data from more than 100 such trading platforms for both the spot and derivatives markets.
The tick level data collected from the centralized exchanges alone account for around 150,000 instruments. It also covers a majority of blockchain protocols such as Ethereum or Avalanche
Following the development, Alireza Dorfard, Head of Market Data and Services at Deutsche Börse, highlighted the high demand among its for consolidated data from exchanges to develop relevant crypto-focused investment strategies in light of high volatility and price fluctuation. The exec also added,
'Our new offering fulfills this need, helps our clients gain a deeper understanding of the cryptocurrency market, and allows them to analyze specific events. With Kaiko and its extensive catalog of data types, we have found the right partner for this purpose.”
Deutsche Börse's first tryst with the crypto industry dates bac...
|Fidelity International Lists Cheapest Bitcoin ETP in Europe
The London-based investment management company, Fidelity International, listed a Bitcoin exchange-traded product (ETP) in Europe in response to increased institutional demand.
The product, called the Fidelity Physical Bitcoin ETP, began trading on Germany's Deutsche Börse AG and Frankfurt Stock Exchange on Tuesday (February 15, 2022) under the ticker symbol 'FBTC.'
The Bitcoin ETP launch targets institutional and professional clients. A survey by Fidelity Digital Assets in July 2021 showed that 70% of institutional respondents were planning to diversify into digital assets. According to a statement from Christian Staub, Fidelity International's managing director for Europe:
“As this technology becomes increasingly accepted, our clients are rightly asking for an efficient way to benefit from this trend. FBTC offers clients an institutional quality solution to enter the market in a familiar, simple and secure way.”
Furthermore, the physically-backed Bitcoin ETP will charge a fee of 0.75%, which is said to be 'the joint-cheapest on the European market along with SEBA Bank's Bitcoin Tracker Certificate USD (SBTCU).'
Fidelity Digital Assets will act as the custodian of the ETP, while Eurex Clearing will centrally clear the product. FBTC will be available for listing on the SIX Swiss Exchange in the coming weeks.
Fidelity Investments started as the International investment subsidiary of the Boston-based multinational financial services giant Fidelity Investmen...
|21Shares Adds Aave, Chainlink, and Uniswap ETPs on BX Swiss
21Shares AG – a Switzerland-based investment product issuer – announced the listing of three new cryptocurrency exchange-traded products on the BX Swiss. Aave, Chainlink, and Uniswap are respectively the underlying assets of the ETPs.
Additionally, the global investment manager – VanEck – introduced its first multi-token cryptocurrency fund.
Diving Deeper into ETPs
According to a recent press release, 21Shares has doubled down on its digital asset endeavors by rolling out three more exchange-traded products based on cryptocurrencies. The ETPs are now listed on the stock exchange operator BX Swiss and track the performance of the following projects: Aave, Chainlink, and Uniswap.
The company described the first as “the forefront of decentralized finance through its open-source, non-custodial liquidity market protocol.”
Chainlink, in turn, is among “the most sophisticated networks” which has grown to encompass a significant number of use cases for DeFi, NFTs, and gaming applications, 21Shares outlined.
Uniswap delivers liquidity and trading for tokens of the Ethereum blockchain. The rapid development of the project has allowed its ecosystem to integrate more than 300 applications, compassing for a trading volume of over $750 billion.
Hany Rashwan – CEO and Co-Founder of 21Shares – pointed out that the most recent listings will enable investors to gain greater access to the crypto world.
“This is another exciting a...
|Deutsche Börse Saw 922% Increase in Investors Demand for Cryptocurr...
The leading German stock market operator - Deutsche Börse – noted that cryptocurrency exchange-traded products (ETPs) had been highly attractive options for investors over the past year. The company outlined that the average monthly trading turnover in crypto ETNs surged to more than $1 billion, or +922%, than in 2020 ($115 million).
Crypto ETPs with a Record Performance
Deutsche Börse presented the record numbers in its most recent report. To meet the growing demand for digital asset products, the stock market operator expanded its services in 2021.
It enabled clients to delve into 36 cryptocurrency exchange-traded notes (ETNs) focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), Cardano (ADA), and more. In comparison, those products were only four at the end of 2020.
A couple of months ago, Deutsche Börse announced the listing of a Bitcoin Spot ETN on its digital stock exchange Xetra. The product came from Invesco - an American management firm that previously filed for a Bitcoin futures ETF in the US but got rejected.
Additionally, last year Deutsche Börse included a multi-currency capability for ETFs. The new option allows customers to trade the same International Securities Identification Number (ISIN) in parallel across several currencies on Xetra.
With trading volumes of over $220 billion in 2021 and 1,757 different offerings, the latter remained Europe's leading trading venue for ETFs, the stock market operator highlighted.